(Reuters) - NEW YORK, April 11 - U.S. stocks fell on Wednesday after a sharp rise in gasoline prices and more signs of trouble in the housing market dimmed the outlook for consumer spending and corporate profits.
The market's drop threatened to snap an eight-day streak of gains for the Dow industrials. The second biggest drag on the blue-chip average was Citigroup Inc. The bank said it will eliminate 17,000 jobs, or 5 percent of its work force. The stock fell 1.7 percent to $51.50. For details, see [ID:nN11415488].
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